The Korean state pension fund is pursuing a seemingly muddled strategy, investing in fossil fuel projects even as it says it will implement environmental, social and governance efforts.
The largest pension fund and life insurers of South Korea are becoming increasingly assertive in their investments, as they chase more yield, according to new data.
The last two years have shown the volatility of the asset class. Korea’s national pension fund wants to change the odds in its favour, partly through more active stock ownership.
A link is emerging between pension funds' exposure to alternative investments and their asset growth, according to two recently-released studies.
After merging domestic alternatives investments into its global strategy, the state pension fund is now putting its efforts into overseas expansion.
Amid concerns about the effect of the Japan-Korea trade war on the global economy, Korean asset owners are being pressured to act on the issue.